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Ownership Patterns of U.S. Joint Ventures Abroad and the Liberalization of Foreign Government Regulations in the 1980s: Evidence from the Benchmark Surveys

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  • Farok J Contractor

    (Rutgers University)

Abstract

Data from the Benchmark Surveys of the Commerce Department show the beginning of a global liberalization in government restrictions on foreign equity in the 1980s. This was manifested in a small but unmistakable across-the-board reduction in the share of 50-50 and minority affiliates out of all U.S. affiliates in a country. Across countries there remains a huge variation in this proportion, and the second part of the paper seeks to statistically explain this variation in a cross-section regression analysis.© 1990 JIBS. Journal of International Business Studies (1990) 21, 55–73

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  • Farok J Contractor, 1990. "Ownership Patterns of U.S. Joint Ventures Abroad and the Liberalization of Foreign Government Regulations in the 1980s: Evidence from the Benchmark Surveys," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 21(1), pages 55-73, March.
  • Handle: RePEc:pal:jintbs:v:21:y:1990:i:1:p:55-73
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